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income tax rate cut no changes in excise rates sen up by over 300 points - Search

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income tax rate cut, no changes in excise rates, sen up by over 300 points


12:00 pm (ist)sen pares early gains, investors turn cautious amid budgetstock market turned cautious amid the budget announcements by finance minister arun jaitley with the key indices paring early gains as it, pharma and power shares witnessed selling pressure. the benchmark bse sen opened higher at 27,669.08 and moved in a range of 27,725.16 and 27,590.10 points in morning trade.at 1145 hrs, the sen surrendered the gains to trade lower by 4.45 points, or 0.02 per cent, at 27,651.51 points dragged by losses in it major tcs and infosys.the wider nse nifty had gained 21.90 points, or 0.26 per cent, at 8,583.20 in opening trade.however at 1145 hrs, it fell by 6.65 points, or 0.08 per cent, at 8,554.65 points with 25 constituents led by tcs tech mahindra infosys and idea trading in the negati






tax rate reduced to 5% on income rs 2.5l-5l


new delhi: stating that india is "largely a non-tax compliant society," finance minister arun jaitley today said the government is putting a rs 3 lakh limit on cash transactions. in addition, the minister gave a significant tax break to those earning between rs 2.5-5 lakhs+ , cutting their tax rates to as low as 5 percent from the earlier 10%. the minister imposed a surcharge of 10 percent for those whose annual income is rs 50 lakh to rs 1 crore. the 15% surcharge on incomes above rs 1 crore will continue. stating that political parties continue to receive most funds through anonymous donation, jaitley announced that the maximum amount of cash donation a political party can receive is rs 2000 from any one source. the minister also said the government plans to extend the basket of financi






budget impact on income tax: budget 2017 impact on your personal income tax: who


here’s who will pay less and who will pay more personal tax following the finance minister’s personal tax proposals in budget 2017. once the fm’s proposals are implemented: 1. a person with taxable income (after deductions such as section 80c etc) of rs 3.5 lakh will pay a tax of rs 2575 as against rs 5150 payable earlier. 2. persons with taxable income over rs 5 lakh up to rs 50 lakh will pay rs 12875 less (including the cess saved), according to ey. 3. however, individuals with taxable income over rs 50 lakh upto rs 1 crore will be paying a flat surcharge of 10% on the total tax payable by them. for example, an individual earning gross total income of rs 60 lakh will pay (after availing tax deductions as umed in the table) rs 1,45,024 additional tax due to the surcharge. as shown in the






the basic error of trump’s draft order targeting immigrants on welfare


president trump meets with leaders of the pharmaceutical industry in the oval office at the white house in washington on jan. 31, 2017. (nicholas kamm/agence france-presse)the trump administration appears to be considering whether lawful immigrants should be deported after receiving a certain amount of public istance, according to a draft of an executive order obtained by the washington post.such a move would represent a departure from current practicebut would be consistent with the goals of trump advisers stephen k. bannon and stephen miller, who, in the words of the los angeles times, “see themselves as launching a radical experiment to fundamentally transform how the u.s. decides who is allowed into the country.”the draft order appears to be premised on the notion that immigrantsplace






bse sen , nifty in positive range


as union finance minister arun jaitley is all set to presents the union budget 2017, the 30-scrip sensitive index (sen ) on wednesday opened on a positive note during the morning session of the trade.the sen of the bse after opening at 27,669.08 points, touched a high of 27,703.20 and a low of 27,645.58 points.the sen is trading at 27,721.45 points up by 65.69 points or 0.24 per cent.you may also likeon the other hand, the broader 51-scrip nifty at national stock exchange (nse) opened at 8,570.35 points after closing at 8,561.30 points.the nifty is trading at 8,564.00 points in the morning.on tuesday the sen closed at 27,655.96 points.earlier the finance minister arun jaitley reached the parliament and a cabinet meeting will be held.






budget: budget delivers a big blow to black-money politics


in a major move towards bringing greater transparency in political funding, the government today capped anonymous petty funding to political parties at no more than rs 2,000 from the existing rs 20,000. this is also one of the key proposals that had been moved by the election commission of india to the law ministry for approval. the government also announced a proposed amendment to the rbi act to enable issuance of electoral bonds which will be redeemable by the political parties in their registered accounts within a specified time frame. post demonetization, there has been considerable demand on checking black money in political funding and with good reason. only last month, a report released by the ociation of democratic reforms (adr) had released a report on the sources of funding of n






union budget 2017: tax rate for individual earning of rs 2.5-5 lakh reduced to 5


in a move to make the aam aadmi happy, finance minister arun jaitley on wednesday, proposed to reduce the existing rate of taxation of those with income between 2.5 lakh to 5 lakh from 10 percent to 5 per cent.finance minister while presenting the historic union budget ha said: “i propose to reduce existing rate of taxation of those with income between 2.5 lakh to 5 lakh from 10 pc to 5 pc.”in a sad new for those earning annual income from rs 50 lakh to 1 crore, fm jaitely proposed the surcharge of 10 pc.you may also like“surcharge of 10 pc for those whose annual income is rs 50 lakh to 1 crore,” fm jaitley said while presenting the budget.here are the highlights:committed to making taxation rate reasonable, our tax administration more fair and expand the tax base of the countrypradhan man






houston's unemployment rate rises with oil downturn


the unemployment rate in the houston area rose in january to 4.8 percent, the texas workforce commission reported friday, as job losses in the oil and gas sector continued to take their economic toll.after a years-long boom, houston is approaching the national unemployment average, which was 4.9 percent in january and february, the u.s. department of labor said friday.houston's unemployment rate is up from 4.6 percent both in december 2015 and a year ago in january. from december 2015 the area lost 50,800 nonfarm jobs, for a 1.7 percent decrease in jobs. however, the year-over-year numbers remain positive. compared to january 2015, employment rose by 16,400. texas added 31,400 nonfarm jobs in january, the state's 10th consecutive month of job growth despite the oil downturn, the workforce






don't lose canberra's gp gains, health advocate warns


canberra can't afford to lose gains made in improving gp numbers, which remain low for the act, a health consumer advocacy leader has warned. while government investment in two walk-in centres and an influx of medical graduates had improved the act's gp numbers, a productivity commission report showed canberra remained under serviced for gps, health care consumers ociation executive director darlene cox said.  gp numbers remain low in the act compared to other states and territories, a productivity commission report found. p o: getty images.her comments e after the commission's report on government services found the act continued to have fewer gps than interstate, recording 73.2 per 100,000 people. the figure increased by four from 2014-2015 but was still the lowest rate among all states






spurs keep westbrook under w s to beat thunder


kawhi leonard scored 36 points and the san antonio spurs held russell westbrook scoreless in the fourth quarter for a 108-94 victory over the visiting oklahoma city thunder on tuesday night. westbrook had 27 points, 14 ists and six rebounds in 34 minutes, but was shut out after scoring 14 points in the third. rookie forward domantas sabonis matched a season high with 13 rebounds and had 13 points. the thunder’s bench was outscored 32-22. lamarcus aldridge added 25 points for san antonio. spurs coach gregg popovich collected his 1,126th career victory, leaving him one shy of tying the league record for most wins with one franchise held by utah’s jerry sloan. wizards 117, knicks 101: bradley beal (28 points) went s for s with carmelo anthony (26) and then some as host washington blew out new






texas was the nation’s top electricity user in 2015


texas used the most electricity of any state in 2015, according to new data released by the u.s. department of energy on friday.the state used nearly 400 million kilowatt hours of electricity that year, and led the nation for most electricity use in homes, commercial buildings and industrial properties. california and florida e in second and third in terms of electricity use, but each use more than 100 million kilowatt less than texas.texas’ overall average electricity prices were also well below the national average in most categories, the energy department’s data shows. while still on the lower-end of the spectrum, texas’ electricity prices were not the cheapest– average electricity prices in washington state, west virginia and idaho, to name a few, were lower.for most texans, electricit






texas adds 23,600 jobs in july, while unemployment rate ticks up


p o: don mason/getty images/blend images rm image 1of/1captioncloseimage 1 of 1construction jobs rebounded in july, after decreasing for the previous two months. construction jobs rebounded in july, after decreasing for the previous two months.  p o: don mason/getty images/blend images rm texas adds 23,600 jobs in july, while unemployment rate ticks up1 / 1back to gallerythe texas economy continued to grow at a rate far below its oil-boom highs, with labor department data showing a seasonally adjusted increase of 23,600 jobs last month and an uptick in the unemployment rate to 4.6 percent. the year-over-year job growth rate remained the same as it has been since may, at 1.5 percent. the annual addition of 173,000 jobs is substantially below texas' five-year average of 301,100 positions. i






budget 2017: expectations from auto industry


new delhi: the budget 2017 is well underway and will be presented tomorrow. the indian automotive industry has high hopes and a set of suggestions for the budget 2017.we present to you some of the important expectations which the automobile industry has from the budget 2017.budget 2017: expectations from auto industryrural economydemoneti ion impacted rural economy the most. as a result, it further affected automobile industry. foremost, priority should be given to boost rural consumption. experts expect higher allocation toward rural-focused schemes in budget 2017.vehicle s page policyindustry wants a very clear policy regarding s ping of old vehicles. this will not only help the environment, but also in government revenue. it will also lead to more s s, which will eventually fulfill the






md. house votes to override hogan’s veto of stronger renewable-energy goals


maryland’s house of delegates voted 88 to 51 on tuesday to override gov. larry hogan’s veto of a bill calling for stronger renewable-energy standards, leaving the democratic-majority legislature one key vote away from enacting the legislation without approval from the republican chief executive.the senate, which p ed the bill last year with a veto-proof majority, is expected to vote on overriding the veto on thursday.the legislation, sponsored by del. c. william frick (d-montgomery), would require maryland to buy 25 percent of its energy from renewable-energy sources, such as wind and solar, by 2020, accelerating existing standards that call for 20 percent renewableenergy by 2022.house democrats argued tuesday that the measure would help combat air pollution and climate change while creati






favour and worry for the finance minister, auto news, et auto


new delhi: this union budget becomes one of the most anticipated and crucial as the industry has been sulking under anxiety post demonetization. all pine highest ever hope on what is going to be in the finance minister’s speech.for the union finance minister arun jaitley too, it is certainly a testing time. he has a challenging task to balance between invigorating the waning industries & corporates and the people at large to meet the party’s expected performance in the upcoming state elections in punjab, uttar pradesh, goa, manipur and uttrakhand.on the top of the wish-list of corporates is to weigh the finance minister’s position on gst, income tax slab and easing of corporate tax.the industry captains are having high hopes with the finance minister as they see quite a conducive envir






economic survey pitches for bringing land, real estate under gst, real estate ne


new delhi: calling goods and services tax (gst) a bold new experiment, the pre-budget economic survey on tuesday pitched for including land and other immovable property - the key source of black money creation - in the indirect tax regime to help propel gdp growth to 8-10 per cent."the gst will create a common indian market, improve tax compliance and governance, and boost investment and growth; it is also a bold new experiment in the governance of india's cooperative federalism," the survey said.it went on to term the constitutional bill that enabled gst as "transformational" but rued that there was not enough pressure from the states to keep the gst rates low and simple to make the indirect tax regime efficient and effective."it appears that the gst will probably be implemented later in






budget 2017 highlights: here are the highlights of union budget 2017


finance minister arun jaitley presented the union budget 2017, his fourth annual budget, today. here are the highlights of this year's budget: ►income tax rate cut to 5 pc for individuals having income between rs 2.5 lakh to rs 5 lakh ►10 pc surcharge on individual income above rs 50 lakh and upto rs 1 cr to make up for rs 15,000 cr loss of due to cut in personal i-t rate ►15 pc surcharge on income above rs 1 cr to continue ►of 3.7 cr individuals who filed tax returns in 2015-16, 99 lakh showed income below exemption limit ►direct tax collection not commensurate with income and expenditure pattern ►revenue deficit reduced to 2.1 pc from 2.3 pc for 2016-17 ►govt pegs fiscal deficit target at 3.2 per cent for 2017 and 3 per cent for next year. ► monetary policy to be expansionary in major e






u.s. consumer prices rise 0.2 percent in august


p o: spencer platt, staff image 1of/1captioncloseimage 1 of 1a jump in consumer prices was led by a record jump in drug prices.a jump in consumer prices was led by a record jump in drug prices. p o: spencer platt, staff u.s. consumer prices rise 0.2 percent in august1 / 1back to gallerywashington — u.s. consumer prices edged up 0.2 percent in august as a surge in medical care offset flat readings for food and energy.the result follows an unchanged figure in july. core inflation, which excludes the volatile categories of food and energy, rose 0.3 percent, the labor department reported friday. it was the biggest monthly increase since february. the climb in core inflation was led by a record jump in drug prices and the biggest rise in doctor and hospital charges in a quarter-century.over th






what's new in budget 2017 for real estate sector?, real estate news, et realesta


bengaluru | mumbai | new delhi: finance minister arun jaitley in his budget 2017 speech has given one of the much needed thrust to the indian real estate sector. the minister announced that the ‘affordable housing’ will be given ‘infrastructure’ status, which is likely to result in increased participation from private players.“the announcement of affordable housing being given infrastructure status is a welcome move and will act as a catalyst to meet the objectives of housing to all by 2022. credit off-take towards affordable segment of housing will lead to creation of supply especially for both stake holders the first home buyer and developer who will now have access to cheaper funding,” said ravi ahuja, executive director, office services & investment sales at colliers international






budget 2017 impact:tax relief on capital gains on real estate proposed in budget


holding period for capital gains on sale of immovable property—land and building--- to qualify as long term capital gains is proposed to be reduced to 2 years from 3 years in the union budget. currently, capital gains on land and building qualify as long term capital gain if holding period is minimum 3years. the base year for calculation of such capital gains with indexation benefit is also proposed to be shifted from 1981 to 2001. these steps are expected to reduce the capital gains tax burden on property sellers and thereby make movement of immovable capital easier. currently, if a property is sold within three years of buying (acquiring) it, any profit from the transaction is treated as a short-term capital gain in the hands of the individual. this is added to the total income of the o






budget 2017 proposes: seven ways budget 2017 proposes to make doing business eas


new delhi: the government's focus on ease of doing business reflects in budget 2017 too. india moved up only one rank on the world bank’s ease of doing business ranking last year, a disappointing result for the narendra modi government that made several initiatives and has set itself a target to break into the top 50. india is ranked 130 out of 190 countries in world bank group’s annual report ‘doing business 2017: equal opportunity for all’. below are the seven steps that the budget 2017 proposes to make doing business in india easier. 1. scope of domestic transfer pricing restricted to only if one of the entities involved in related party transaction enjoys specified profit-linked deduction. 2. threshold limit for audit of business entities who opt for presumptive income scheme increase






monk leads kentucky over georgia in ot


there’s no stopping malik monk when he’s hitting from long range, and the freshman once again showed his hand in tense moments for no. 8 kentucky.monk made two three-pointers and scored eight of 37 points in overtime, and bam adebayo and dominique hawkins added baskets to help host kentucky outlast georgia 90-81 on tuesday night and end a two-game losing streak. the wildcats appeared headed to their third straight loss until monk’s jumper with 8 seconds remaining in regulation tied the game at 76 and brought the crowd to its feet. hawkins’ desperation heave from midcourt bounced off the rim as the horn sounded. hawkins’ drive got the wildcats started in ot before monk made his first three for a five-point lead. his second made it 85-81 and adebayo followed with a slam off monk’s lob for a






american family insurance all-usa boys basketball performances: jan. 23-28


globe sophomore guard b.j. burries had 51 points in a win against safford last week(p o: robert beck)top five boys basketball high school performers for the week of jan. 23-28:no. 1 b.j. burries, globe, g, 5-9, so.he had 51 points, making seven 3-pointers and eight of 10 free throws, in a 101-85 win over safford, raising his scoring average to 24 points a game. he set a conference state record with 68 points in a game last season.no. 2 nico mannion, phoenix pinnacle, g, 6-2, fr.he had 38 points in a win against scottsdale desert mountain and 12 points, seven ists, six rebounds in a win against anthem boulder creek.no. 3 colton hibbert, flagstaff northland prep, g, 5-11, sr.the point guard had 34 points against st. johns and 25 points in 22 minutes against williams. he had just three turnov






bill montgomery's claims on colorado teen marijuana-use inconclusive


maricopa county attorney bill montgomery.(p o: tom tingle/the republic)the media: internet.who said it: bill montgomery.title: maricopa county attorney.party: republican.the comment: "teen (marijuana) use rates have increased (in colorado)."the forum: azcentral facebook live prop. 205 debate on sept. 21.what we're looking at: whether teen marijuana use has increased in colorado since the state legalized the drug.analysis: marijuana has been legal in colorado for recreational use since december 2012, after voters there approved a ballot measure to make possession and private consumption legal for adults over 21. under the same law, commercial sale of the drug be e legal in 2014.arizona's proposition 205, which is similar to colorado’s law, is on the november ballot.questions about the impac






international trade deficits aren't necessarily bad


p o: stephan savoia, stf image 1of/6captioncloseimage 1 of 6in this friday, july 13, 2012, p o, a container ship from china is offloaded at m port's conley terminal in the port of boston. the u.s. trade deficit fell to its lowest level in 18 months in june, pushed down by a steep drop in oil imports and a small rise in exports. the commerce department said thursday, aug. 9, 2012 that the trade gap narrowed to $42.9 billion in june, down from $48 billion in may. (ap p o/stephan savoia) lessin this friday, july 13, 2012, p o, a container ship from china is offloaded at m port's conley terminal in the port of boston. the u.s. trade deficit fell to its lowest level in 18 months in june, pushed ... more p o: stephan savoia, stf image 2 of 6the $500 billion trade deficit is small compared with






home insurance under-purchased product in india, real estate news, et realestate


new delhi: even though there has been an increase in the number of home buyers in the country over the past few years, the number of buyers purchasing home insurance is fairly low. people tend to not purchase home insurance policy mostly due to the lack of awareness and myth surrounding it that it comes with high premiums and involves complex processes.“home insurance penetration in the country is extremely low, the main reason behind the poor demand for this type of insurance is due to lack of awareness about availability of any such product and apprehension that that it will be very costly and difficult to get any claim as documentation is too cumbersome,” says saroj apathy, ceo, ideal insurance brokers pvt ltd.considering the climatic changes and frequent occurrences of natural hazards






yellen’s early backers now hoping they were right


p o: brennan linsley, stf image 1of/1captioncloseimage 1 of 1federal reserve chair janet yellen, right, greets tammy edwards, of the federal reserve bank of kansas city, as she arrives for a reception on the opening night of the annual invitation-only conference of central bankers from around the world, sponsored by the frb of kansas city, at jackson lake lodge in grand teton national park, north of jackson hole, wyo., thursday, aug. 25, 2016. yellen is to address the gathering on friday. (ap p o/brennan linsley) lessfederal reserve chair janet yellen, right, greets tammy edwards, of the federal reserve bank of kansas city, as she arrives for a reception on the opening night of the annual invitation-only conference of ... more p o: brennan linsley, stf yellen’s early backers now hoping th






blogger shows how crazy america's economy really is


p o: justin sullivan, staff image 1of/18captioncloseimage 1 of 18 | the economic collapse blog as 2016 begins, 62 percent of americans have less than $1,000 in their savings accounts and 21 percent have no savings at all.source: the economic collapse blogas 2016 begins, 62 percent of americans have less than $1,000 in their savings accounts and 21 percent have no savings at all.source: the economic collapse blog p o: justin sullivan, staff image 2 of 18fewer than 10 percent of u.s. millennials and only about 16 percent of generation x'ers have $10,000 or more saved. source: the economic collapse blogfewer than 10 percent of u.s. millennials and only about 16 percent of generation x'ers have $10,000 or more saved. source: the economic collapse blog p o: fotolia image 3 of 18an estimated 4






what history tells us about your investments in 2017


“life can only be understood backwards; but it must be lived forwards.”— soren kierkegaardwe do not have a crystal ball, but we can think about what might happen in 2017. the secret is to avoid playing the guessing games that are common this time of year. instead, we can consider various crosscurrents that might affect the economy, the markets and our portfolios. we can discern important factors at work here and now, and then use historical data to provide context for it all.no forecasts are necessary.presidents and electionsmy first column here (way back in 2011) was “why politics and investing don’t mix.”one of my favorite examples of white house impact (or lack thereof) is president grover cleveland. his first term (1885 89) saw stocks increase by 53 percent; in his second term (1893 97






riggleman, a contender for virginia governor, takes on utility giant dominion


richmond — a populist-style republican running for virginia governor traveled to the capitol on tuesday to praise a democrat’s failed effort to rein in the power of the state’s largest utility.denver riggleman, a distillery owner making an outsider bid in june’s crowded gop primary, wanted to draw attention to two bills brought by state sen. j. chapman “chap” petersen (d-fairfax).both measures were aimed at dominion virginia power, which has put nearly $4 million into state-level races over the past decade. one would have subjected electricity rates to review by the state. the other would have prohibited dominion and other state-regulated monopolies from donating to legislators and statewide candidates.republicans and democrats alike teamed up to kill the bills.riggleman said the demise of






will gender pay reporting work?


we are getting on for 50 years since the introduction of the equal pay act and yet the uk gender pay gap remains stubbornly wide.analysts have calculated that it will take 50-60 years to close the gap at the current rate.the government has introduced new gender pay reporting regulations to help bring women's pay closer to men's.on 5 april, businesses with more than 250 employees will have to take a snaps of their employees' pay so they can publish a gender pay report the following year.this report will include the business's gender pay gap, which is the difference between men's and women's average hourly earnings across the organi ion.it is hoped that this kind of reporting each year will help to reduce the gender pay gap. however, a report will only indicate that there is a gap and not te






paul ryan’s claim that ‘more and more doctors just won’t take medicaid’


(don emmert/agence france-presse via getty images)“the problem that we’re seeing in medicaid is more and more doctors just won’t take medicaid, because they lose money on medicaid.”— house speaker paul d. ryan (r-wis.), town hall on cnn, jan. 12, 2017during a town hall on republican plans to repeal and replace the affordable care act, ryan described the need for changes to the medicaid program at the state level. some states made changes so that low-income enrollees could get coverage and access to care, but not all states did, he said.ryan claimed that “more and more doctors just won’t take medicaid because they lose money on medicaid.” he also said during the town hall that his concern was that medicaid is “so over-regulated and so bureaucratic that physicians just won’t take medicaid pa






bakers delight caves to pressure and s s 'unfair' agreement


hundreds of bakers delight workers will receive large pay rises from thursday, after the national bakery chain succumbed to pressure to dump an outdated wage deal and lift weekend penalty rates.the move comes just weeks after fairfax media revealed the company has continued to use the workchoices-era agreement, struck in 2006, which allows it to pay 200 staff flat rates as little as $8 an hour.an analysis of pay slips and rosters found many sales staff at bakers delight's company-run stores in victoria and queensland have been missing out on penalty rates and overtime pay, meaning they are often paid less than the award, the basic wages safety net.bakers delight this week announced its decision to s the 2006 agreement covering its company-run operations in victoria and some stores in queen






unlucky leicester city slide further into relegation mix


by: reuters | published:february 1, 2017 1:06 pm leicester city are 16th, level on points with swansea below them and just two clear of the relegation places. (source: reuters)sam vokes grabbed a late winner as burnley piled more pressure on struggling premier league champions leicester city on tuesday.with the match seemingly heading for a goalless draw, vokes hooked home from close range off a headed knockdown from michael keane to secure burnley’s fifth successive home win.the ball hit the wales striker’s hand before he scored but referee mike dean dismissed leicester’s appeals.“it was a handball. it was for everybody, for the television, but not for the referee,” leicester manager claudio ranieri told the .“the referee is the boss. he didn’t see it and we lost – in this moment everyth






fearless freshman elizabeth martino leads national christian past riverdale bapt


elizabeth martino’s shooting touch abandoned her in the second half. the runners, midrange jumpers and three-pointers that found the basket before intermission clanked off the rim in the second half. in the fourth quarter, the national christian shooting guard was blocked and then stared down by riverdale baptist’s rochelle norris. but the freshman wouldn’t stop shooting, and on the game’s biggest possession, she drove inside and scored the go-ahead bucket in the eagles’ 45-43 road victory tuesday night in upper marlboro.martino scored 15 of her 17 points before halftime as no. 3 national christian (14-3) took an early double-digit lead and held on for its eighth consecutive victory. wearing padding on her right shoulder to protect an injured rotator cuff, martino set the tone with an earl






who won? trump, clinton or 'did not vote'?


a reddit user created a map that shows that more voting-age adults did not vote in the 2016 presidential election than did, giving "did not vote" a landslide victory.(p o: getty images/istockp o)the media: internet.who said it: reddit user u/taillesskangaru.the comment: "if 'did not vote' was a candidate in 2016, it would have won by a landslide."the forum: reddit.what we're looking at: whether more voting-age adults did not vote in the 2016 presidential election than did vote — giving "did not vote" a landslide victory.analysis: president-elect donald trump’s surprise victory e in an election that saw a slight decline in voter turnout.to highlight how many people did not vote in the presidential race, a user of the content-sharing website reddit created a map that depicts the outcome if t






budget leaves telecom industry disappointed


kolkata: mobile phone companies are disappointed that finance minister arun jaitley has large ignored their key demands in budget 2017, especially for not clearing the air on tax treatment of spectrum payments. telcos had expected jaitley to issue a specific budget clarification that spectrum allocated before april 1, 2016, would continue to be governed by section 32 of the income tax act, 1961, and not section 35aba, which would allow telcos to continue capitalising spectrum expenses and claim higher depreciation-related tax benefits. the phone companies wanted jaitley to clarify that section 35aba would not be applicable retrospectively for spectrum allocations before april 2016. “we are disappointed that the economic well being and financial health of the telecom industry has not been






u.s. home prices rise 5.3 percent amid solid demand, tight supply


p o: alan diaz, ap image 1of/1captioncloseimage 1 of 1this tuesday, dec. 6, 2016, p o shows a house for sale in coral gables, fla. u.s. home prices marched steadily higher in november, pushed up by healthy demand for homes and a shrinking supply of available properties, according to information released tuesday, jan. 31, 2017, in the standard & poor's corelogic case-shiller 20-city home index. lessthis tuesday, dec. 6, 2016, p o shows a house for sale in coral gables, fla. u.s. home prices marched steadily higher in november, pushed up by healthy demand for homes and a shrinking supply of available ... more p o: alan diaz, ap u.s. home prices rise 5.3 percent amid solid demand, tight supply1 / 1back to gallerywashington (ap) — u.s. home prices marched steadily higher in november, push






rob gray, damyean dotson lead uh over temple


p o: jessica hill/ ociated press image 1of/1captioncloseimage 1 of 1rob gray and damyean dotson went a combined 15-of-26 from the floor. it marked the first time uh's top two scorers both scored 20 points in the same game since dec. 31 at south florida.rob gray and damyean dotson went a combined 15-of-26 from the floor. it marked the first time uh's top two scorers both scored 20 points in the same game since dec. 31 at south florida. p o: jessica hill/ ociated press rob gray, damyean dotson lead uh over temple1 / 1back to gallerykelvin sampson had this in mind from the start of the season.devin davis would occupy the middle and give the university of houston a commanding inside presence, while rob gray and damyean dotson provided the outside scoring punch.for the first time in nearly two






texas adds 21,000 jobs in november; unemployment slips to 4.6 percent


p o: spencer platt, staff image 1of/1captioncloseimage 1 of 1a pumpjack is a familiar sight on the outskirts of midland in the permian basin of west texas. a pumpjack is a familiar sight on the outskirts of midland in the permian basin of west texas.  p o: spencer platt, staff texas adds 21,000 jobs in november; unemployment slips to 4.6 percent1 / 1back to gallerytexas added nearly 21,000 jobs in november and the unemployment rate fell, the texas workforce commission reported friday.the state has added jobs in 19 of the past 20 months, the workforce commission said. the state unemployment rate slipped from 4.7 percent in october to 4.6 percent, matching the national average of 4.6 percent.the houston metro area added 16,100 jobs over the year, a 0.5 percent annual growth rate. that's s